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16269 Magnolia Way

16269 Magnolia Way, Fontana, CA 92336
Property in Sierra Lakes
Sold Jul 19, 2018
$538,000
$349,700 by Sterling Bank & Trust Fsb
Mortgage Due Aug 01, 2048
Sold Mar 06, 2015
$485,000
$291,000 by East West Bank
Mortgage Due Apr 01, 2045
16269 Magnolia Way has been categorized by the local assessors in Fontana, CA as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16269 Magnolia Way has 2,992 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,707 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 552 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16269 Magnolia Way was last sold in Jun 18, 2018 for $538,000. According to our calculations, that's $151.81 per sqft. Prior to that sales transaction, the property was sold for $485,000 in Jan 22, 2015. Current property owners are expected to pay $8,565 in taxes per year. The property on 16269 Magnolia Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $567,195. To break that down further, the land itself was valued at $152,521. While improvements to the property were assessed at a total of $414,674. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Modern
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,707
  • Total Building Area: 3,544
  • Gross Building Area: 3,544
  • Building Area: 2,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 16095 LOT 58 BOOK 289 PAGE 16

Ownership

  • Current Owner : HUANG WEILIN
  • Current Owner 2: HE MENGDI
  • Previous Owner : LEI BO
  • Owner Before Previous Owner: WU TONG FONG

Neighborhood

  • School District Name: Fontana Unified School District
  • Census Tract: 002708

Geography

  • District: 08
  • Subdivision Tract Number: 16095
  • Parcel: 1119-021-33-0000
  • Lot: 58
  • Municipality: FONTANA
  • Latitude: 34.1454
  • Longitude: -117.45

    Address

  • Full Address: 16269 Magnolia Way
  • Address - House Number: 16269
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Fontana
  • Carrier Code: R013
  • 4-Digit Zip Code: 5693
  • Zip Code: 92336

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,565
  • Tax Rate Code Area: 010-066

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 73
  • Final Value: 735,302
  • High Value: 879,333
  • Low Value: 591,272

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,700
  • First Open Lien Mortgage Lender: STERLING BANK & TRUST FSB
  • First Open Lien Mortgage Recording Date: Jul 19, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $349,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $567,195
  • Assessed Land Value: $152,521
  • Assessed Improvements Value: $414,674

    Sales

  • Current Sale Contract Date: Jun 18, 2018
  • Current Sale Recording Date: Jul 19, 2018
  • Current Sale Transaction ID: 11483618018
  • Current Sale Price: $538,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018-0262566
  • Previous Sale Recording Date: Mar 06, 2015
  • Previous Sale Contract Date: Jan 22, 2015
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STERLING BANK & TRUST FSB
  • First Mortgage Transaction Date: Jul 19, 2018
  • First Mortgage Loan Amount: $349,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Mar 06, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $291,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 16269 Magnolia Way located in?
The 16269 Magnolia Way is a located in the neighborhood of Sierra Lakes in Sierra Lakes, Fontana.
What is the average sales price for listings in 16269 Magnolia Way?
The average sales price for units in 16269 Magnolia Way is $0 currently.

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